Aberdeen Ultra Short Municipal Income Fund - Class A (ATOAX)
Aberdeen Ultra Short Municipal Income Fund - Class A operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Philadelphia, PA, US. The stock last traded at $10.07, up 0.00% on the session, giving a market capitalisation of $1.13B. On trailing twelve-month figures it carries a trailing P/E of 14.81, a net margin of 84.8%. Its beta of 0.01 implies it has historically moved less than the broad market.
The Aberdeen Ultra Short Municipal Income Fund - Class A primarily invests its capital in a blend of tax-exempt municipal obligations, though it also incorporates some taxable debt instruments. Under typical market conditions, a minimum of 80% of its net assets are allocated to these tax-free securities. A defining feature of the fund is its short-duration profile, with the average maturity of its portfolio holdings, at the time of initial purchase, not exceeding two years. Furthermore, all the securities acquired by the fund must hold an investment-grade credit rating from recognized agencies upon acquisition, or, if unrated, be deemed of comparable quality by the Fund's Adviser.
Aberdeen Ultra Short Municipal Income Fund - Class A is most often compared with the following Financial Services names: